Maker of a bill of exchange is called as ........

Commercial and Business Laws Negotiable Instrument Act

Maker of a bill of exchange is called as _____

Drawer

Drawee

Acceptor

Payee

•The Drawer: the person who gives the order to pay or who makes the bill is called the drawer

•The Drawee: the person who is directed to pay is called the drawee. When the drawee accepts , he is called the acceptor.

•The Payee: the person to whom the payment is to be made is called the payee.

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